There has been an increase in both average and median home prices, according to the Maryland Association of REALTORS® (MAR), for the second month in a row. Smaller counties like Allegany and Wicomico saw large increases of 34.2 and 24.6 percent respectively. Average prices rose by 1.4 percent and median prices by 2.4 percent as compared to December 2014 statistics. MAR President Bonnie Casper said, “2015 ended on a high note”. Casper went on to say that, “in addition to a 12.3 percent increase in home sales in December, there is also a healthy incase in pending units, which indicates an active first quarter. We can reasonably expect a stable and lively market in 2016.” Maryland monthly housing statistics are compiled by data as reported by MRIS and the Coastal Association of REALTORS®. For the purpose of this report, “units” are defined as the closed sales and “pending units” are properties under contract. Months of inventory are based on the current inventory and monthly sales for the corresponding month. This article was compiled by gathering information from a similar article written by Melissa Lutz (MAR).